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Federal agency accounting systems (61 - 70 of 497 items)
Financial Management: Financial Audit Results at GSA, EPA, and DOT
T-AIMD-99-301: Published: Sep 30, 1999. Publicly Released: Sep 30, 1999.
Pursuant to a congressional request, GAO discussed the results of the financial statement audits of the General Services Administration (GSA), the Environmental Protection Agency (EPA), and the Department of Transportation (DOT).GAO noted that: (1) GSA is the federal government's business manager and is responsible for space acquisition and management, retail and wholesale supply sales, fleet mana...
Financial Audit: Issues Regarding Reconciliations of Fund Balances with Treasury Accounts
AIMD-99-271: Published: Sep 17, 1999. Publicly Released: Sep 17, 1999.
Pursuant to a legislative requirement, GAO reviewed the: (1) overall effectiveness of federal agencies' reconciliation processes for Fund Balances with Treasury accounts; and (2) Department of the Treasury's actions to improve its assistance to agencies in their reconciliaiton efforts.GAO noted that: (1) auditors continued to find significant problems with federal agencies' reconciliations of Fund...
Internal Revenue Service: Custodial Financial Management Weaknesses
AIMD-99-193: Published: Aug 4, 1999. Publicly Released: Aug 4, 1999.
Pursuant to a legislative requirement, GAO provided information on the internal control and compliance issues related to the Internal Revenue Service's (IRS) custodial activities, focusing on: (1) previously reported internal control and compliance issues and related recommendations; (2) new issues identified during GAO's fiscal year (FY) 1998 financial audit, along with new recommendations to add...
Executive Guide: Creating Value Through World-Class Financial Management (Exposure Draft) (Superseded by AIMD-00-134)
AIMD-99-45: Published: Aug 1, 1999. Publicly Released: Aug 1, 1999.
This publication has been superseded by AIMD-00-134, Executive Guide: Creating Value Through World-class Financial Management, April 2000. GAO published a guide on the financial management practices and improvement efforts of nine leading public and private sector finance organizations to identify the success factors, practices, and outcomes associated with world-class financial management. This e...
FAA Financial Management: Further Actions Needed to Achieve Asset Accountability
AIMD-99-212: Published: Jul 30, 1999. Publicly Released: Jul 30, 1999.
Pursuant to a congressional request, GAO assessed the Federal Aviation Administration's (FAA) property, plant, and equipment (PP&E) and inventory asset accountability problems, focusing on: (1) the key issues FAA must resolve in order to achieve accountability over its PP&E and inventory; and (2) whether FAA is taking appropriate actions to resolve these issues in a timely manner.GAO noted that: (...
Management Letter: Suggested Improvements in IRS' Accounting Procedures and Internal Controls
AIMD-99-182R: Published: Jun 30, 1999. Publicly Released: Jun 30, 1999.
Pursuant to a legislative requirement, GAO provided information on additional matters it identified in its audit of the Internal Revenue Service's (IRS) custodial financial statements for fiscal year (FY) 1998 regarding accounting procedures and internal controls that could be improved.GAO noted that: (1) IRS' policies and procedures over abatement transactions did not ensure that abatements were...
Department of Defense: Improving the DOD Payment Process, Using Recovery Auditing and Changing the Prompt Payment Act
T-NSIAD-99-193: Published: Jun 16, 1999. Publicly Released: Jun 16, 1999.
Pursuant to a congressional request, GAO discussed the Department of Defense's (DOD) payment problems and how recovery auditing is being used to identify and recover overpayments.GAO noted that: (1) the need for DOD to achieve effective control over its payment process remains an imperative; (2) if DOD does not, it will continue to risk erroneously paying contractors hundreds of millions of dollar...
Financial Audit: Senate Restaurants Revolving Fund for Fiscal Years 1998 and 1997
AIMD-99-185: Published: Jun 15, 1999. Publicly Released: Jun 15, 1999.
Pursuant to a congressional request, GAO reviewed the financial statements of the Senate Restaurants Revolving Fund for the fiscal years (FY) ended September 30, 1998 and 1997. GAO contracted with KPMG Peat Marwick LLP to conduct the audit.GAO noted that: (1) in its audit of the U.S. Senate Restaurants Revolving Fund, KPMG found that: (a) the financial statements were reliable in all material resp...
Financial Management: Briefing on the Federal Aviation Administration Property, Plant, and Equipment Accountability Review
AIMD-99-208R: Published: Jun 11, 1999. Publicly Released: Jun 11, 1999.
Pursuant to a congressional request, GAO identified: (1) key issues the Federal Aviation Administration (FAA) must resolve in order to achieve accountability over its property, plant, and equipment (PP&E); and (2) the status of FAA's efforts to resolve these issues.GAO noted that: (1) GAO concluded from analyzing the Department of Transportation Office of Inspector General (OIG) workpapers related...
JFMIP News: A Newsletter for Government Financial Managers, Summer 1999, Vol., 11 No. 2
SP-99-8: Published: Jun 1, 1999. Publicly Released: Jun 1, 1999.
GAO provided information on the Joint Financial Management Improvement Program's current financial management initiatives, activities, and practices...